The Greenwich, Conn.-based less-than-truckload carrier posted net income of $106 million, or 89 cents a diluted share, for the three months ending June 30.
July 31, 2025Search
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ODFL Q2 Profit Slides 16.6% as Market Weakness Persists
Profit and revenue at Old Dominion Freight Line fell in the second quarter, but senior executives said clarity is growing on how the ongoing freight recession might start to see an upturn.
July 30, 2025Soft Freight Weighs on ArcBest, but Tech Boosts Efficiency
ArcBest experienced a year-over-year decline in revenue and earnings amid the continuing soft freight environment during the second quarter of 2025, the company reported July 30.
July 30, 2025Door Maker Begins Pilot With Bot Autos Autonomous Semis
Steves & Sons began pilot program testing Bot Autos retrofitted Freightliner tractors alongside its managed logistics provider, J.B. Hunt Transport Services, in June.
July 25, 2025Tesla Semi Generally Matches ArcBests Diesels, Pilot Finds
ArcBest offered the latest window into what to expect from the long-awaited Tesla Semi battery-electric tractor, including energy consumption ratings matching its diesel peers.
July 14, 2025New FedEx Hub in Detroit Moves 12,000 Packages an Hour
FedEx recently opened a new facility on a sprawling piece of land at Detroit Metro Airport, loading it with new technology that helps move 12,000 packages an hour faster and more efficiently.
July 10, 2025Nikola Bankruptcy Leaves Truck Buyers Scrambling
Some customers have secured the fuel their tractors need. Others parked the trucks as court proceedings play out. All continue to work the phones in search of more amenable solutions.
July 3, 2025FedEx Cuts Q1 Guidance Despite Q4 Gains
FedEx reported gains in fourth-quarter revenue and earnings on the heels of a profitability initiative that helped counter market headwinds, but cut its guidance amid trade worries.
June 24, 2025Target Eyes Shein, Temu Model With Factory-Direct Shipping
The company is seeking to broaden its range of low-cost offerings through the program, said people familiar with the matter, who asked not to be named because the test hasnt been announced.
June 24, 2025Fred Smith, FedEx Chairman and Founder, Dies at 80
It is with profound sadness and a heavy heart that I share that Frederick W. Smith, our founder and executive chairman, died earlier today, CEO Raj Subramaniam wrote June 21.
June 22, 2025